Question 1 arguments
-Greece leaving EuroBetter recovery
-Greece cheaper country to travel, shop, more purchasing power
-Demand for foreign currency will drop
-Patronization of local domestic cos of higher cost abroad
Question 2 arguments
-Reduction in cost will damage economy
-Unemployment through downsizing will be bad
-People have low purchasing power by receiving income
Question 3 arguments
-Appreciation of currency good and bad
-Positive; Greater purchasing power
-Negative; Higher for foreigners looking to buy and invest
Saturday, February 13, 2016
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